#Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor
The US government transferred 33.6 million US dollars in Cryptocurrency! FTX, Alameda detained funds flowing to a mysterious Address
On-chain data shows that the US government transferred Cryptocurrency worth $33.6 million to 2 undisclosed addresses early this morning. These assets were seized from the collapsed Cryptocurrency exchange FTX and its affiliated company Alameda Research.
Data source: Arkham
According to on-chain analysis platform Arkham Intelligence, starting around 3:30 am, a large amount of cryptocurrency marked as 'FTX Alameda Seized Funds' was transferred out of the US government Wallet, including 5,024 Ethercoins worth $1,800, to 2 new addresses starting with '0x9cd' and '0x9ac'.
In addition, the wallet will transfer $13 million worth of Stable Coin BUSD, $1.5 million worth of Shiba Inu coin (SHIB), and other alternative coins to the two addresses mentioned above.
There are a wide variety of transferred Token types, including AERGO, POWR, AXS, YFI, WBTC, NMR, COMP, SRM and RLC.
As the US government massively shifts these assets, the coin market is experiencing a comprehensive Rebound. Among them, Ethercoin has risen slightly by 0.6% in the past 24 hours, with the current price reaching $3,675, nearly 50% higher than a month ago when it was $2,460.
The US government's transfer of nearly 2 billion dollars in BTC has raised concerns about dumping risk in the market.
<The US government transfers $33.6 million Cryptocurrency! FTX, Alameda seizes funds flowing to a mysterious Address> This article was first published in Blockinpress.